Benzinga | Jan 25, 2022 06:01PM EST

Union Pacific's Loup Logistics Acquires Phoenix Transload Facility; Terms Not Disclosed

Loup Logistics Company (Loup), a wholly owned Union Pacific Railroad subsidiary, today announced the acquisition of the Precision Components Inc. (PCI Reload) transload facility in Phoenix, Arizona. The deal was finalized December 30, 2021, and offers transloading, storage and trucking solutions to customers shipping into and out of the Phoenix market.

PCI Reload is a premier transload facility located in the heart of Phoenix. The 100+-acre facility includes 125,000 square feet of covered storage and three miles of rail capacity, served by Union Pacific Railroad. The facility processes over 8,000 rail cars and 38,000 trucks annually.

"PCI Reload helped fuel Arizona's economic growth by offering transloading, inventory management and final-destination shipping for a variety of industries," said Hal Owens, president -- PCI Reload. "We believe Loup is well positioned to continue the PCI Reload tradition of exceeding customers' expectations."

"Loup is excited about the growth potential this acquisition provides to customers seeking access to the Phoenix market," said Josh Perkes, vice president -- Loup. "Loup is backed by a strong leadership team who will seek to maximize rail throughput at the facility. We are focused on maintaining the excellent reputation PCI has built over the past 60 years, providing creative rail solutions and cost-effective transload operations."